Nickel Industries (ASX:NIC) Net Margin %

: 9.97% (As of Dec. 2023)

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Net margin is calculated as Net Income divided by its Revenue. Nickel Industries's Net Income for the six months ended in Dec. 2023 was A$141 Mil. Nickel Industries's Revenue for the six months ended in Dec. 2023 was A$1,416 Mil. Therefore, Nickel Industries's net margin for the quarter that ended in Dec. 2023 was 9.97%.

The historical rank and industry rank for Nickel Industries's Net Margin % or its related term are showing as below:

ASX:NIC' s Net Margin % Range Over the Past 10 Years
Min: 6.47 Med: 21.13 Max: 100.91
Current: 6.47

ASX:NIC's Net Margin % is ranked better than
70.31% of 859 companies
in the Metals & Mining industry
Industry Median: 0.37 vs ASX:NIC: 6.47

Nickel Industries Net Margin % Historical Data

The historical data trend for Nickel Industries's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Nickel Industries Annual Data

Trend

Jun19

Dec20

Dec21

Dec22

Dec23

Net Margin %

100.91

21.13

21.35

13.06

6.47

Nickel Industries Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Net Margin %								20.34	17.94	9.49	2.91	9.97

Competitive Comparison

For the Other Industrial Metals & Mining subindustry, Nickel Industries's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Nickel Industries Net Margin % Distribution

For the Metals & Mining industry and Basic Materials sector, Nickel Industries's Net Margin % distribution charts can be found below:

* The bar in red indicates where Nickel Industries's Net Margin % falls into.

Nickel Industries Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Nickel Industries's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	181.667	/	2808.877
	=	6.47 %

Nickel Industries's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	141.137	/	1416.071
	=	9.97 %

Nickel Industries (ASX:NIC) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Nickel Industries Net Margin % Related Terms

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Nickel Industries (ASX:NIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Nickel Industries Ltd (ASX:NIC) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

NICMF:USA NM5:Germany

Address

66 Hunter Street, Level 2, Sydney, NSW, AUS, 2000

Website

https://www.nickelmines.com.au

Nickel Industries Ltd is engaged in acquiring, exploring, and developing nickel projects. It holds 80% interest in the Hengjaya Nickel and Ranger Nickel projects, both of which operate 2 line Rotary Kiln Electric Furnace (RKEF) plants producing NPI within the Indonesia Morowali Industrial Park (IMIP). Nickel Industries also holds an 80% economic interest in the Hengjaya Mineralindo Nickel Mine ('Hengjaya Mine'), a large tonnage, high-grade saprolite deposit located in the Morowali Regency of Central Sulawesi, Indonesia.